Treasury Operations Manager

Finance Petaluma, California


Description

The Treasury Operations Manager has overall responsibility for the success of Ygrene’s Treasury function.  Manages day-to-day activities to ensure the financial obligations of the organization are met. Performs treasury activities related to cash flow, borrowings, repayment, debt and capital management (including covenant reporting).  Qualified candidates are familiar with Treasury functions, practices, and procedures, including warehouse lending and securitizations, and relies on extensive experience and judgment to plan and accomplish goals.

 

Treasury Operations Manager Duties and Responsibilities:

  • Develops day-to-day cash forecast including tracking usage and availability of cash.
  • Manages relationship and operational aspects of various funding facilities.
  • Ensures that all funding flows, prepayments, repurchases, contractor advances and related transactional activity is handled efficiently and with the proper level of control.
  • Establishes, communicates and enforces policies related to cash transaction approvals and related authority levels across the organization.
  • Evaluates and plans for liquidity against forecast and timeline to ensure proper levels of cash on hand for business functions.
  • Collaborate with Controller and CFO on strategy and implementation of hedging strategy.
  • Ensures timeliness of access to working capital and timely funding of cash accounts.
  • Calculates daily funding requests and originations from warehouse for funding projects.
  • Manages bank accounts and operations expenses with relationship banks including setting up new accounts, monitoring earnings on case, and ongoing relationship management.
  • Identifies insurance risk needs in collaboration with CFO, completes insurance applications and manages insurance broker and related vendors.
  • Provide fee management oversight including ensuring fees that are charged by lenders are verified and accurate per contract terms.  Submits request for payment of fees to lenders.
  • Perform special projects and research as assigned.
  • Perform other duties as assigned.

 

Treasury Operations Manager Skills and Experience:

  • Requires a combination of education and experience equivalent to a bachelor’s degree in finance, business administration, accounting or related field; and 3 years of experience in treasury functions, capital markets and/or cash management. 
  • MBA and/or significant accounting experience preferred.
  • Strong working knowledge of cash management practices.
  • Experience reading, abstracting and interpreting lending agreements.
  • Knowledge of lending practices and principles.
  • Knowledge of PACE and renewable energy finance products, a plus.
  • Financial derivatives knowledge, a plus.
  • Independent, self-starting professional that also thrives in a team and collaborative environment.
  • Entrepreneurial spirit and ability to thrive in a high growth environment.

 

Work Environment & Physical Requirements:

  • This position operates in a professional office environment and routinely uses standard office equipment such as computers, phones, photocopiers, scanners, and filing cabinets.
  • Work environment is indoors with majority of time spent sitting at a desk.
  • Ability to stand, bend, stoop, sit, walk, twist and turn.
  • Ability to lift up to 25 pounds occasionally.
  • Ability to use a computer keyboard and calculator.

 

Position Type, Expected Hours of Work, and Travel:

  • This is a full-time position.
  • Days and hours of work are Monday through Friday, 8 a.m. to 5 p.m.  Evening and weekend work may be required as job duties demand.
  • Occasional travel is expected for this position.

 

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.  This document does not represent an employment contract.